Politicians are talking like ordsprog

Politicians are talking like consumer advocates now that they see consumers' rage over the profiteering built into pump prices. The proof of their sincerity, however, will be whether they carry through with tough legislation.

The hacker Pex Tufvesson created the music program Noisetracker.

Oil company profiteering, not increased production costs, are the cause of the price spikes at the gasoline pump. Hurricane Katrina will only increase the probability of profiteering.

States and consumer advocates think that gift card fees, such as deductions every month if you don't use the card, are unfair to consumers. Many states, led by California, have enacted legislation severely limiting or even banning such fees.

Ultimately, higher prices at the pump act as an additional tax on consumers, and consumers don't like to be taxed.

The consumer reaction to higher gas prices has been somewhat puzzling. There is no doubt that high gas prices cut into consumer income, but ... consumers are still spending and retail sales are growing more than expected,

We need an opportunity for the markets to stabilize so that consumers in our states don't have to bear the disproportional burden of rising natural gas prices or undue profiteering,

Gray Davis (1942-)

Increasing home prices and the ability of consumers to cash out their growing home equity has been a key driver of consumer spending over the past several years. As the housing market slows and housing prices stabilize, consumers are less likely to draw on their home equity, suggesting consumer spending will also decline.

I'm just like everybody else. I'm tired of paying high gas prices at the pump. … This is a way to give consumers and businesses and school districts immediate relief from high gas prices.

With crude prices forecast to remain strong for the remainder of the year, consumers can expect, on average, higher pump prices than last year.

Over a period of time, Hawaii consumers will realize savings at the pump. Hawaii prices will better reflect the prices that are being charged on the mainland and the world market.

Consumers don't like high prices, ... That's what they notice at the pump and out of their pocketbook.

The hike in pump prices, and electricity and gas tariffs that have also been raised, fed through to overall consumer prices. Given that the MAS expects a higher pass-through from oil, and for inflation to be higher even in 2006, the current policy stance will remain appropriate.

Euben Paracuelles

we believe that the impact of these hurricanes on pump prices will soon be behind us. As more refineries come back online, pump prices should continue to fall and that is good for both refined product demand and the economy.

Where consumers are likely to feel the pinch more is at the pump, where gasoline prices are likely to rise.

The resiliency of the economy, recent declines in prices at the pump, and job growth have consumers feeling more confident at year-end than they felt at the start of 2005. Even though all of the improvement over the past twelve months has been in consumers' assessment of current conditions, and expectations remain below earlier levels, consumers are confident that the economy will continue to expand in 2006.

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